LEGAL & FINANCIAL ADVICE
Good financing is the key.
Mortgage loans for purchasing property in Spain are available from national and international banks. Banks require a valuation of the property to be carried out by an independent surveyor, appointed by the bank, before offering mortgage facilities.
Spanish banks are willing to lend to non-resident purchasers of Real Estate and offer competitive rates the period of the loan will depend upon age but can extend to 20-30 years and the amount borrowed may be between 70% to 80% of the bank valuation of the property for non residents.
If you are interested in loans or mortgages for your new apartment or villa or in Marbella, then please fill in the contact form on your right hand side and we will make the necessary arrangements to get you the best loan or mortgage.
A good lawyer will look after your interests.
Spanish property law is complicated so make sure you have a good local lawyer to look after your interests. Lawyers will usually charge you 1% of the sale price of the property. Be aware that under Spanish law only the person named on the title deed has the right to sell the property.
We can introduce you to an independent and highly professional lawyer who is fluent in English.
It is advisable for all non-resident property owners to appoint a Spanish based lawyer so they can take care of all the necessary legal matters throughout the purchase of your home as well as making sure all your taxes are paid each year, including payment of rates to the town hall and annual property tax. If you also want to use a lawyer back home, this is no problem and your lawyer here can communicate directly with them.
We help you attain best possible foreign exchange rate
We work with Foreign Exchange companies which helps our clients with international money transfers, providing a service that reduces transfer time safety and securely, and can save as much as 5% over a high street bank. One of the most important benefits of using a foreign exchange specialist when making personal money transfers abroad, is that we can help you attain best possible foreign exchange rate. Whether you are sending or receiving foreign currency, you can save a lot of money on the transaction.
Our recommended Foreign exchange companies will always take the time to understand your individual needs, concerns, and priorities, and will work closely with you to develop and execute the best strategies.